Companies in China are more confident than they’ve been for five years, according to the latest survey. But going forward, will the picture always remain this rosy?
Overseas banks will find it simpler to do business as the China Banking Regulatory Commission simplifies procedures. For treasurers, it should mean more choice.
New renminbi rules will reduce the cost and risk of hedging, to the benefit of treasurers. China’s regulator is making the changes to slow the currency’s appreciation.